Search: basis point
RBA Glossary definition for basis point
basis point – A basis point is 1/100th of 1 per cent or 0.01 per cent, so 100 basis points (bps) is equal to 1 percentage point. The term is used in money and securities markets to define differences in interest or yield. If an interest rate were to increase from 2 per cent to 3 per cent, it is said to have risen by 100 basis points (bps) or one percentage point.
Search Results
How I Learned to Stop Worrying and Love the Basis
22 May 2017
Speech
Speech delivered by Guy Debelle, Deputy Governor, at the BIS Symposium: CIP–RIP?, Basel
https://www.rba.gov.au/speeches/2017/sp-dg-2017-05-22.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
2 May 2023
Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.85 per cent. It also increased the rate paid on Exchange Settlement balances by 25 basis points to 3.75 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-10.html
Channels of Transmission
17 Oct 2023
Speech
PDF
755KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-10-11.pdf
Changes to Statistical Tables
10 May 2024
Statistics
Data on money market corporation assets can still be found on a quarterly basis in Statistical Table B1. ... The data will be now be published on a monthly basis on the third Thursday of each month.
https://www.rba.gov.au/statistics/tables/changes-to-tables.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Apr 2020
Media Releases
At its meeting today, the Board reaffirmed the targets for the cash rate and the yield on 3-year Australian government bonds of 25 basis points, as well as the other elements of the package announced on 19 March 2020.
https://www.rba.gov.au/media-releases/2020/mr-20-11.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 Mar 2020
Media Releases
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent.
https://www.rba.gov.au/media-releases/2020/mr-20-06.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Feb 2022
Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent. It also decided to cease further purchases under the bond purchase program, with the
https://www.rba.gov.au/media-releases/2022/mr-22-02.html
Domestic Financial Conditions
6 Dec 2023
SMP
- August 2023
PDF
2357KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/03-domestic-financial-conditions.pdf
Domestic Financial Conditions
20 Nov 2023
SMP
- November 2023
PDF
2300KB
https://www.rba.gov.au/publications/smp/2023/nov/pdf/03-domestic-financial-conditions.pdf
Statement by Philip Lowe, Governor: Monetary Policy Decision
1 Mar 2022
Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-05.html